Discounted life table functions: commEffectiveDiscount_nonneg
ProvedActuarialValuation.commEffectiveDiscount_nonnegactuarial-scienceformal-verificationlife-commutation-functions
Effective rate of financial discount is nonnegative if v is at most one. The full Lean declaration specifies the finite boundaries, exact units and any positivity, independence or regularity assumptions. This is an original derived Actuarial mathematical statement, not a claim of a numbered previously published theorem.
Mathematical relation:
Preamble
import Mathlib.Data.Real.Basic import Mathlib.Algebra.BigOperators.Group.Finset.Basic import Definitions.Def_actuarial_commEffectiveDiscount
Formal statement
namespace ActuarialValuation theorem commEffectiveDiscount_nonneg (v : ℝ) (h : v ≤ 1) : 0 ≤ commEffectiveDiscount v := by sorry end ActuarialValuation
Source
Original derived actuarial mathematics, published source page 50. Institute of Actuaries, International Actuarial Notation, Commutation Functions, https://www.actuaries.org.uk/system/files/documents/pdf/0042-0071.pdf; Dickson, Hardy and Waters, Actuarial Mathematics for Life Contingent Risks (2009), Chapter 5, Annuities, https://www.cambridge.org/core/books/abs/actuarial-mathematics-for-life-contingent-risks/annuities/6E4AF10872F5D04E3437447F025ECA97. Parent topic: Discounted survivor and death functions, term annuities, term assurances, endowment and finite-life present value decomposition. The particular Lean formula is a new finite/real-algebraic formalisation and remains an unproved theorem target if labelled theorem. Relevant published actuarial derivation: https://www.actuaries.org.uk/system/files/documents/pdf/0042-0071.pdf
Human review
Confirmed by the mission captain (proposal self-audit).
Confirmed by the moderator at approval.